Hello Btc, We meet again at LastBtc formed a harmonic Pattern on the consolidated at 24700 and is going to go test resistance
Btcusdtlong
Target reached as predicted date (go back 27k before June 20)4h time frame
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Despite we suffered some big vibration from many news.
We still successfully reached 27k with very exact time prediction as analysis on June 6th.
BTC ready to go back 27k in next 2weeks4h time frame
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BTC still creating a falling wedge.
With this time structure.
We will see 27000 around June 20th.
Then can judge breakout wedge to 32000 or get rejection again.
BTCUSDT - Time for a bullish trup
my past idea
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BTC - The importance of 25K25K - The second most important level after 30K (which BTC rejected from - link here )
25K is the neckline of inverted Head & Shoulders pattern, which if completed, could see BTC heading towards 34,5K (regular) or 40k (logarithmic) target.
After coming into contact with 30K level, BTC has drifted down in an descending channel or a falling wedge, making it's final little touch with the 25K level. A breakout from the wedge to the upside is the general outcome, but price of course can take a different direction, path marked with red color.
It is notable though, that the volume has dried up on Binance, the biggest exchange.
What are your thought on BTC's next direction?
SIMPLEST VIEW OF BTC #BTC UPDATE
On the daily timeframe chart, #BTC is still advancing inside the wedge pattern and is currently situated above a major trendline.
A potential bullish rally of about +20–25% might be anticipated if Bitcoin maintains its position above the trendline and successfully breaks out from the wedge to the upside.
However, a bearish rally towards 21.5k may materialize if Bitcoin loses the support of the major trendline.
Significant volatility is anticipated next week because of the US CPI and FOMC schedules.
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BTCUSDT may hit daily resistance and then pullbackThe price is trading below the weekly and daily resistance confluence. All the relevant support and resistance levels are marked on the chart. I think it may still try to reach that resistance marked as 1DR1 before a significant pullback. A short will be favorable if the price hits that 1DR1. I will post the trade setup if the price reaches there and I am there to take the trade.
BTC IN BULLISH PHASEBTC again enter in bullish phase.The breakout of 4H channel done once its retested will go for LONG.
This is 4Hr TF analysis,See my previous post for 1D TF analysis.
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BTC/USD Bullish Cycle (Confluence of 3 patterns)Hi everyone!
We have an interesting confluence of patterns on BTC/USD.
First, we have a bullish pennant pattern, so we can project the price according with the resistance breakout.
Second, there is an imbalance zone or price inefficiency that has not yet been mitigated, so the price will probably go to balance this area.
Third, the elliot wave pattern coincides in the formation of the fifth wave.
So, this confluence of patterns looks interesting.
All the best, traders :)
Bitcoin's rise to Middle line of Descending Channel(15-Min)🚀Bitcoin seems to have broken the heavy support zone, but to continue the downward trend, it is likely to create a pullback to the middle line of the descending channel and the 🟢 heavy support zone($ 26,400-$ 25,800) 🟢.
Also, we can see Regular Divergence(RD+) between two consecutive valleys.
I expect Bitcoin to go up to the middle line of the descending channel after breaking the downtrend line.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSDT close to daily support, long term long is favorable hereThe price has come close to the daily support zone which we talked for HTF analysis on the first drop on 5th June. The price is still a bit short of touching the daily support. So it might dip one more time to hit it formally. But lets see.
BTC - Not the time to be bearishAs you'll see from my previous charts, I've been bearish since the 31s and been waiting for the current levels for reversal (the internal pullbacks didn't exactly happen as I thought, but bounce levels gave good reactions for smaller time frame trades).
Most alts already have hit my targets or are about to hit, and Bitcoin is approaching an area full of support. Now, one can say there are good reasons to go down till the 18s and I wouldn't disagree, but IMO, these levels will give a good reaction, or at least will hold for some time to reevaluate the idea.
As I mentioned over and over, EW is not my strongest skill set but I combine it with volume and price action and these are the levels I see that should hold if we're going to have a new high in the coming months. The move down looks like a 3-wave move than an impulse, which means it can be a WXY (for 2/B), or it can just be W (of WXY, WXYXZ). Hence, the targets are unclear to me: We can do LH (28-29s)>HL (18s)>New Highs, LH into new lows, or a new high. Either case, I'm expecting choppy PA as we have done since 15k and will play it level to level till 28-29 and will see what happens there.
BITCOIN to find support at 25kAs the downmove from the 31k top seems to be a corrective move, being three wave structured, I am looking for a potential ending diagonal in wave {c} of 2. If I am correct we should briefly break the 25300 low, find support around 25k and then resume higher.
Feel free to ask me questions and trade safe!
Bitcoin Falling WEDGE!CME:BTC1!
CRYPTOCAP:BTC is still in the falling wedge we have been following for a while now.
For Long Ideas: We are waiting for reaction in highlighted Zone 24k to 25.6k for possible target to 30k to 31k zone.
For Short Ideas: Waiting on bearish retest of the same Zone and possible targets are 21k, 20k zones.
Today FOMC Interest Rate Decision data comes out at 14:30 EST. Previous 5.25 Forecast 5.25.
On larger time frames these events have smaller impact. Scalping ideas can plan for the volatility on lower time frames.
200D MA must hold to prevent further downside.
On the 12h the wedge looks like a bearish retest of the Head & Shoulders which can be viewed here: tinyurl.com
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BTCUSDT hit daily support and bouncedThe price has hit the daily support and bounced from there. Did not look at that support level as the move down happened quick. But it bounced good from the daily support level 1DS1. I will long on a revisit of the price to or around this zone towards the daily resistance.
Bitcoin Analysis for long Position! i did BTCUSDT Analysis on 15M and 1H TF!
Wait for the Breakout and i have clearly mentioned the Take profit 1 and TP2!
Breakout and Retest will be a strong Signal!
Do watch for volume and i don't believe in indicators only price action & volume is the key!
BTCUSDT Analysis on 15M and 1H time frame ⏰.
STOPLOSS IS MUST! and depends on your portfolio!
THIS IS NOT A FINANCIAL ADVICE. JUST SHARING MY IDEA WITH YOU GUYS.
Trade safe. :)
BTCUSDT likely to head up to 26396The price has been consolidating in this range for a while. It is trading between the daily resistance and daily support zones. Currently the price seems to be heading towards daily resistance 1DR1 which is sitting around the zone 26330-26469. A long is favorable here with the target of 26396.
🚀 BTCUSD | Bitcoin small pump 🚀The price will rise close to the weekly resistance.
We are currently at a crucial point in daily uptrend, the support will hold atleast a little pump.
Continue to be cautious when trading long positions.
🛒 BTCUSD - LONG 🛒
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Bitcoin will go UP by Falling Wedge&Symmetrical Triangle(15-Min)Bitcoin seems to be moving in a Symmetrical Triangle during the last 3 days, and also, the Falling Wedge pattern can be seen on the chart.
I expect that if Bitcoin does not make the sixth contact with the symmetrical triangle, Bitcoin will easily break the upper line of the symmetrical triangle and move towards the 🔴 resistance zone($ 27,360-$ 27,270) 🔴.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin will go UP by Falling Wedge & Ascending Triangle(15-Min)Bitcoin managed to form Falling Wedge and Ascending Triangle patterns .
Currently, Bitcoin managed to break the upper line of the Ascending Triangle.
I expect Bitcoin to go up to the 🔴 resistance zone($ 27,360-$ 27,270) 🔴 after breaking the resistance line.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin will go UP by Expanding Flat(15-Min)🚀Bitcoin made its correction to the 🟢 heavy support zone($ 26,400-$ 25,800) 🟢 with the Zigzag structure(ABC/5-3-5) .
I expect the next corrective structure to be an Expanding Flat(ABC/3-3-5) and bring Bitcoin closer to the 🔴 resistance zone($ 27,360-$ 27,270) 🔴.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC Bullish - Falling wedgeWe are only in a falling-wedge!
This is a big picture. The volatility is high. The dips are making liquidations. But it is only a falling wedge.
RSI averages indicator is on Bullish also.
BTCUSDT likely to head to daily resistance 27066-27196It seems the price has retraced to the degree it required to. Its similar degree to the one from the entry of my short. I think it is likely that the price is going to head up from here with temporal retracement. If the last push to the daily resistance DR1 was impulsive then this move to the upside shall break the daily resistance DR1. However, lets have the first target of this trade as DR1 but we will evaluate whether to close or let it run based on price action if it reaches there.
